Tag: Currency News


  • Ringgit Edges Lower as DXY Strength Lifts US Policy Hopes

    Ringgit Edges Lower as DXY Strength Lifts US Policy Hopes

    Rising DXY and US Policy Repricing Weigh on Ringgit Opening The ringgit opened marginally lower against the US dollar on Monday as a stronger U.S. Dollar Index (DXY) pressured the local currency. Dealers cited market expectations that the Federal Reserve might recalibrate its policy stance following softer U.S. jobs data released in the prior session.…